THORChain - Renko chart update The last support line work pretty well - no RUNE has to break the next resistance line Renko-Charts filter out the noise and give a clear TA picture Tell me which Crypto you want to see as a Renko-Chart TA *not financial advice do your own research before investing
Bitcoin is above the support level of the swing area of previous cycle. It is vital that Bitcoin can maintain itself above this support level . A loss of this support will cause a much larger drop in price
Hi dear friends, hope you are well and welcome to the new update on REN token. On a monthly time frame, REN has formed a big bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bitcoin has all the conditions for a downtrend bias in Renko Ichimko's analysis: 1- Red Cloud 2- New Red Brick blow the red cloud 3- Laging Spane below the red cloud
SPX throwbacks to the range area. This currently increases the likelihood that the downtrend will continue. To confirm this, we have to wait for the breakdown the lowest brick in the range area
Interesting patterns forming on the Renko. Rising wedge breakdown with a retest the 8th of Feb. Bearish flag invalidated at a break of the .5 fib at 50,000. Support building up with a series of higher lows.
With the help of Renko charts you can filter out the noise and see a more clear and clean picture. Chiliz is now at a very important support level - will we see huge recovery soon? Give me your thoughts on that chart - do you want to see more Renko analysis? *not financial advice do your own research before investing
As I predicted before, Bitcoin has started an uptrend (possibly short-term): In the Ranko chart, Bitcoin respects the support area of the Ranko MA channel and forms a green brick. The bitcoin target will be the middle line of the channel (33500-34500$)
THORChain RUNE without the noise - good entry points These Renko-Charts are great for more calm and clear view - so we see the potential good entry area and the next support if $2.85 breaks. Do you use Renko-charts dear Crypto Nation? Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *not financial advice do...
After a bearish crossover of EMA 20 and MA 40, NDX broke down the support level. we can also find bearish crossover on Renko oscillator. These are signals for the downtrend to continue
For now, the trend seems to be down and even the last pump couldn't save it from the bear trend on the 4hr renko chart. Notice the last wick at the start of the current wave down just touched the moku cloud and got rejected. On top of that, the moku cloud did not manage to turn green and instead went back down. The lagging span is also currently below the bricks,...
Although the breakdown occurred in the weekly timeframe, it is still early to confirm. The reason is that in the Renko daily time frame, bitcoin is still above the support level. Until the breakdown is confirmed, it will be difficult to tell if it is a breakdown or a trap. But there is a point in the TSI indicator that increases the likelihood of facing a real...
1 minute ago Renko_Ichimoku Analysis: Bitcoin met all three conditions for the continuation of the downtrend in Ichimoku analysis: 1- the red Cloud 2- New red brick below the red Cloud 3- The lagging span below the red cloud Weis wave Renko Volume: The volume in the recent downtrend wave is greater than the uptrend waves in the range area. It seems that we have...
Although we have seen rapid growth in SPX over the past few days, this is not a confirmed reason for an uptrend. Although this may indicate a potential spring, SPX must break the swing area to confirm it. In Renko analysis, we see a bearish crossover of MACD and also the breakdown of the RSI support line
Bitcoin Renko-Chart - BTC with breakout of falling wedge Will we soon see the next leg up in the still valid bearish flag until $50.000? Not unlikely IMO - what is your opinion? Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
Bitcoin BTC Renko-Chart - Fakeout or breakout ?! Bullish: Fakeout could lead to a break of the red trendline resistance and higher prices. Bearish: Breakout might get confirmed and the green support trendline could get tested. What do you think? Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own...
Bitcoin has been in the range area for more than 3 months, and the prolongation of this period has tired analysts. During these three months, analysts have had differing views on where the breakout will take place. The movement in the swing zone should end gradually and we should see a bitcoin breakout. During this period, not even a confirmed spring or upthrust...
u can see here a nice entry sign for the buy in 1 hr timeframe ( if u go down more for ex 5 mins u can make an entry in more good position )